SilverLiner closes shop
PIKEVILLE, Ky. (WYMT) - In 2017, SilverLiner announced plans to bring jobs and industry to Eastern Kentucky. However, after the hits of the pandemic, the business is turning on the closed sign.
SilverLiner, the first business to operate in Pikeville’s Kentucky Enterprise Industrial Park, filed bankruptcy in 2020. The petition was confirmed in February, 2020. In previous months, the site ceased operations and, according to president and owner Chris Tomlinson, the business is now closed.
“And we are very sorry for the community and the employees. It is not in our wishes to do so. With the onset of COVID and the ability to obtain materials during that time, it put us in a cashflow situation that we could not continue,” Tomlinson said.
City Manager Philip Elswick said the company and its mission will be missed, but it will always have a home in the city.
“We are saddened by SilverLiner’s bankruptcy and our hearts go out to everyone affected,” said Elswick. “As they go through this reorganization process, we hope there is still a future for them in Pikeville. Our community and workforce look forward to working with them again when and if the time comes.”
Though the business closing means an empty industrial park, the second spec building in the park is already well underway as the city seeks potential tenants for the future.
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